Turkey-Russia S-400 systems contract also envisages technological cooperation

Turkey-Russia S-400 systems contract also envisages technological cooperation

Turkey-Russia S-400 systems contract also envisages technological cooperation

Russia will sell Turkey four batteries of S-400 surface-to-air missiles for $2.5 billion under a deal that is nearly complete, Sergei Chemezov, head of Russian state conglomerate Rostec, told the Kommersant daily on Wednesday.

Turkey will have to pay $1.125 Billion as cash for the S-400 purchase (45 per cent of $2.5 billion).

Turkey's Defense Minister Nurettin Canikli confirms that a deal to install Russian long-range anti-aircraft missile has been finalised.

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Turkish defence ministry said Friday that the S-400 missile systems will be under the control of the Turkish Armed Forces entirely as the two countries signed a $2.5 billion deal for the purchase of the systems.

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"That is correct. Two systems, four batteries in total. Otherwise, it was already a done deal", he added.

He noted Moscow was expected to begin the first deliveries in March 2020 and that Turkey was the first North Atlantic Treaty Organisation member state to acquire the advanced S-400 missile system.

Turkey has completed a deal with Russia for the purchase of a Russian antimissile system, Turkish defense officials announced Friday, despite concerns voiced by some of Turkey's North Atlantic Treaty Organisation allies.

Turkish newspapers report Erdoğan plans to pay 45% up front and borrow the rest in loans from Russian Federation. The S-400 can engage targets at a distance of 400 kilometers and at an altitude of up to 30 kilometers.

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